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Billionaire Investor Carl Icahn, Southwest Gas Amend Cooperation Agreement
Tuesday, October 15, 2024 - 6:07pm | 511Read More...According to SEC filings, Southwest Gas Holdings, Inc. (NYSE:SWX) and activist investor Carl Icahn have entered into an amended and restated cooperation agreement. The Details: The updated cooperation agreement provides for participation by the Icahn designees, Andrew W. Evans, Henry P....
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Diamondback Energy Is 'Making All The Right Moves,' Says Bullish Analyst
Friday, October 4, 2024 - 12:21pm | 336Read More...Diamondback Energy Inc (NASDAQ:FANG) shares were climbing in early trading on Friday, during a rise in energy stocks with growing Middle East tensions. Following the Endeavor acquisition, Diamondback and ExxonMobil Corp (NYSE:XOM) are now the dominant players in the Midland Basin, according to BMO...
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What's Going On With Diamondback Energy Stock?
Tuesday, October 1, 2024 - 5:21pm | 480Read More...Diamondback Energy Inc (NASDAQ:FANG) shares climbed nearly 3% on Tuesday. Here’s a look at what’s going on. What To Know: Diamondback Energy shares traded higher Tuesday as energy stocks jumped amid rising Middle East tensions. Iran launched an attack on Israel following the recent...
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Strength Seen in Helix Energy: Can Its 5.5% Jump Turn Into More Strength?
Monday, September 30, 2024 - 4:00pm | 486Read More...Helix Energy (NYSE: HLX) shares ended the last trading session 5.5% higher at $10.80. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.7% loss over the past four weeks. The surge can be attributed to...
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Stock Of The Day: Exxon Mobil Hits A Ceiling?
Tuesday, August 27, 2024 - 1:04pm | 527Read More...Resistance levels are a large concentration of traders and investors who are looking to sell their shares at, or close to, the same price. The “level” is typically more of a range than a particular price. Sometimes these levels and ranges are clear and well-defined. As you can see on...
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US Natural Gas Prices Eye Fourth Session Of Gains As Lower Supply, Persistent Heat Sustain Bulls: More Gains To Follow?
Friday, August 9, 2024 - 10:41am | 671Read More...U.S. natural gas prices, tracked by the United States Natural Gas Fund LP (NYSE:UNG), are on pace to extend their winning streak to four sessions on Friday as the combination of lower-than-expected inventory builds and increased demand due to persistent heat reversed the bearish trend that...
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Natural Gas Has Never Been This Cheap: What Record Low Prices Mean For Heating Bills, Gas Vehicles
Tuesday, June 4, 2024 - 1:44pm | 520Read More...The spot price for natural gas is near an all-time low, according to recent data from the Federal Reserve Bank of St. Louis. As an alternative to other forms of energy, how could natural gas affect the markets? The Data: The Fed St. Louis post references the price of natural gas at the Henry Hub...
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South Korea Discovers Major Offshore Oil And Gas Reserves — Enough To Fuel Nation For Decades, President Announces
Sunday, June 2, 2024 - 10:55pm | 726Read More...In a recent move by South Korea which heavily relies on imports of overseas gas and oil, the country announced today it found a potentially massive reserve of oil and gas offshore close to the southeastern territory. See Also: Crypto Trader Says These Two Meme Coins Are Set To Spike — And Neither...
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Hess Shareholders Approve $53 Billion Merger With Chevron
Tuesday, May 28, 2024 - 4:54pm | 273Read More...Hess Corp (NYSE:HES) shares are moving after shareholders approved the proposed $53 billion merger with Chevron Corp (NYSE:CVX) on Tuesday. The Details: The majority of Hess’ 308 million shares outstanding voted in favor of the deal, clearing one hurdle toward the merger. The vote in favor of...
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TC Energy's NGTL Pipeline Faces Pressure Reduction Order Despite Repaired Rupture: Report
Wednesday, May 15, 2024 - 12:53pm | 284Read More...The Canada Energy Regulator (CER) reportedly issued an order to TC Energy Corp.’s (NYSE:TRP) NOVA Gas Transmission Ltd. (NGTL) to further reduce the operating pressure for the Grande Prairie Mainline gas pipeline in Alberta. As per the report, TC Energy said in a statement, “Currently ...
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Exxon Mobil Set To Close $60B Deal For Pioneer Natural Resources After Agreement With FTC
Wednesday, May 1, 2024 - 6:01pm | 257Read More...Exxon Mobil Corp (NYSE:XOM) is preparing to close a $60 billion deal for Pioneer Natural Resources Co (NYSE:PXD) in the coming days after agreeing not to add Pioneer CEO Scott Sheffield to the company’s board of directors. The Details: According to a report from the Wall Street Journal,...
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Petrobras to Build Solar Power at Its Three Refineries
Tuesday, April 23, 2024 - 3:37pm | 1008Read More...Petrobras (NYSE: PBR), the renowned Brazilian state-run oil and gas company, has recently unveiled its ambitious plans to boost its sustainable energy portfolio. This strategic move involves the potential installation of 48 megawatts of solar energy capacity across three of its refineries....
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What's Going On With BP Shares Today
Tuesday, April 16, 2024 - 12:59pm | 514Read More...BP p.l.c. (NYSE:BP) shares are trading lower on Tuesday. The operator of the Azeri-Chirag-Gunashli (ACG) project announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian...
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Exxon's Earnings Amidst Oil Price Challenges Has Bright Spots, Says Analyst
Thursday, April 4, 2024 - 1:59pm | 316Read More...Goldman Sachs analyst Neil Mehta expressed views on Exxon Mobil Corp.’s (NYSE:XOM) signaling weak oil and gas prices to impact first-quarter FY24 results. The company anticipated that fluctuations in gas prices would negatively influence its first-quarter upstream results by between $(0.6)...
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Why 2 Natural Gas Stocks Get Mixed Reception From JPMorgan Analyst
Wednesday, March 20, 2024 - 4:36pm | 454Read More...Natural gas has been in focus with energy prices poised to climb on summer demand. The 2024 estimate for natural gas production has been lowered by around 1.3 billion cubic feet per day (Bcf/d) to 102.7 Bcf/d, with production volumes expected to decline to exit the year at 101.8 Bcf/d,...
















